Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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Looks like TRR is again In-the-right-place-at-the-right-time and today's sp of 44.5p is "peanuts" what it can be in the foreseeable future.
14-3-2024... Lithium Americas Receives Conditional Commitment for $2.26 Billion ATVM Loan from the U.S. DOE for Construction of Thacker Pass. https://lithiumamericas.com/news/news-details/2024/Lithium-Americas-Receives-Conditional-Commitment-for-2.26-Billion-ATVM-Loan-from-the-U.S.-DOE-for-Construction-of-Thacker-Pass/default.aspx
United States Department of Energy. https://en.wikipedia.org/wiki/United_States_Department_of_Energy
Thacker Pass Lithium is a very important US National Strategic Asset & IMO only, will be brought into production at any cost and of course by time construction is complete and the asset begins ramping up production price of Lithium could be going North again.
Short seller having a go at LAC...
https://www.bleeckerstreetresearch.com/research/lac
Since publication TRR up 10%, but LAC down 16%.
Looks like no more sells. Time to top up.
Once the profit taking's finished it should continue to climb towards 50p.
Nice finish. Tomorrow...to be continued ...
Couple of £100k buys. This is institutional investing
Look at those buys flooding in...
OTC isn't important.
What is, is the large mid-price buy, given the large institutional shareholding.
TRR one of the best shares for the uncertain times we face. War in Ukraine, Middle East, possible China's attack on Taiwan....
Still not really discovered on the OTC market though
only 2 trades on the 29th
https://www.otcmarkets.com/stock/TDTRF/quote
Back to 40p today with two large trades of 120,000 shares each at 39.5p for total £94K
GLA
The counterparty is important, as the royalty holder will want to see the asset progress. If the developer is constantly cash strapped then it's inevitably slow going. An experienced, well capitalised operator is the ideal counterparty.
The other issue is graphite isn't priced on a recognised international exchange. Adam has said in the past that the pricing for copper, gold, silver etc is transparent. Commodities such as graphite are more opaque in comparison
Just a Idea. The Royalty would be on whats in the ground, not investment in company as such because the Royalty still stands with which ever management or company ends up with TGR and its assets. TRR would get Royalty,IMO cheap but of course it's just me thinking out loud. Apart from TGR. why not look around for Graphite?.
Ye Gods, TRR is a royalty co, not a corporate rescue house. TGR have good assets (potentially) but no one in their right mind would back the co under its current management.
Courtesy of 'nickelmer' (advfn) "I take a much simpler view of this share and have no interest in big player comparables, their prospects are good, should the price eventually reach 60-70p and they start to pay dividends as the company matures, a 3% dividend yield at 60-70p gives me a 6% yield on my book cost and a decent capital gain which is why I invested and on a long term view."
Because they're a basket case in the middle of a family dispute.
Why not negotiate/talk to TIRUPATI GRAPHITE for a Graphite Royalty deal. TIRUPATI GRAPHITE is in production with 2 mines in Madagascar & near term mines in Mozambique. Tirupati need cash, they don't want to raise cash through selling shares. Just a thought.
No reason we won’t see 50p …. The news is positive
BRV Capricorn
'..Under the terms of the contracts, the purchaser has the right to purchase gold from the underlying mines at the lowest reference price from a list of specified reference prices in a defined period (the "Quotation Period"), which is between 6-8 days, dependent upon the contract, and commencing between 2-5 days prior to the delivery date of the gold. The purchaser then subsequently sells the gold, realising a margin equal to the difference between the purchaser's sale price, and the lowest reference price during the Quotation Period.'
'..The acquired offtake contracts provide 'royalty-like' exposure with returns driven by the gold price, volatility, production profile and exploration success. Over the last 10 years, the weighted average calculated margin of the acquired offtake contracts would be approximately equivalent to an 1.33% NSR2. The illustrative returns and revenues set out in this announcement are based on that rate and a gold price of US$1,800/oz. Over the last 15 years the NSR equivalent would be approximately 1.56%2. Between February 2020 and June 2021, under Orion's ownership, the acquired contracts have delivered an NSR equivalent return of approximately 1.7%.'
https://www.lse.co.uk/rns/TRR/acquisition-35m-placing-40m-debt-facility-1dtbyqaxycni5xj.html
Its explained on the website, but its about 2% cut of the gold price on average, I think.